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You are here: Home Archive 2009 Mar 05 Patrick sharks circle

Patrick sharks circle

by Obsidian last modified Mar 05, 2009 12:00 AM

Asciano will do all it can to avoid selling Patrick Stevedores but it would a least look at the bids on such an offer, chief executive Mark Rowsthorn said last week.

Mr Rowsthorn was fielding questions after presenting interim results which emphasised that, while Patrick and Pacific National were excellent businesses, the parent company's debt and restructuring weighed heavily.

He said there had been constant interest in the stevedore since Asciano...

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